April 16, 2024

Fort Lauderdale Foreclosure Bargain

Fort Lauderdale Real Estate Foreclosurer – Reduced to $289,900 on July 18th, 2011

Fort Lauderdale Real Estate shoppers are finding out that there not Ft Lauderdael foreclosed homes on every corner in the Ft Lauderdale Real Estate market waiting for buyers to arrive in Fort Lauderdale and make an offer. In fact, the real story of the Ft Lauderdale Real Estate market is a market where the local Ft Lauderdale newpaper recently reported that tightening inventory is leading to a sellers market in certain neighborhoods of Ft Lauderdale.

Ft Lauderdale Real Estate is just like any real estate market in the country when it comes to the rules of real estate, “location, location, location”. In Fort Lauderale Real Estate a choice location for most people is about being close to Ft Lauderale Beach, or close to the Fort Lauderdale Downtown area of Las Olas Boulevard. These are the, “certain neighborhoods”, that the tightening market is talking about. In addition to these choice areas, you can add to it the criteria of great schools, and in-turn the areas of Weston, is seeing a tightening market, along with the neighboring city of Cooper City. Great schools, and choice attractions such as Fort Lauderdale Beach lead to great real estate markets that are all ready showing the signs of tightening.

Oaktree Drive Foreclosed Home

Are there still bargains out there ? Absolutely and my goal here is to bring your attention to one such bargain. Just west of 95, about 4 miles from the beach is a community of 56 homes that built just over 10 years ago on the back of the Oak Tree Golf Course in Oakland Park, Florida, the city which borders Ft. Lauderdale to the North and West. [Read more…]

Fort Lauderdale Condominium Foreclosure

Coming soon – Within a few days Eric Miller will be placing on the market a two bedroom, two bath condominium at the Isles of CorIsles of Coral Ridgeal Ridge 1400 NE 56th Street, please feel free to drive by. This small condominium developement was a condo conversion at the peak of the Fort Lauderdale real estate market and therefore has seen numerous foreclosurers and short sales. This too shall pass, and at todays Fort Laudedale Real Estate prices if your looking for a distressed property that overtime may have a brighter future, this may be the perfect condo for you. This two bedroom/2 bath unit will be priced under $50,000 and because financing will be difficult we are looking for cah buyers on this property. Seeking a free list of South Florida forclosed properties, we can set you up on a search or you can do it yourself by visiting, FortLauderdaleGroup.com, Foreclosures.

Foreclosure | Hot Property | Great Buy

Bamboo Flats is the one of the coolest newer town-home communities inan are just north of downtown Fort Lauderdale called Flagler Village. This area is destined to be cool artsy center for living in downtown Fort Lauderdale. When the Fort Lauderdale  Real Estate market slowed many of the area projects that were planned were placed on hold.

Bamboo Flat Mixed Use Foreclosure

Bamboo Flats which was already underway was completed and today stands strong as a great contemporary village of town homes with beautifully maintained landscaping and a great community pool. On the West side of the community a few mixed use units were built. The first floor is a work space, for a professional office. Opening on the street it is ideal for an office that does not generate retail type traffic. It is zoned professional office. Above the office is three stories of loft like living, with a seperate entrance plus a roof top deck. Originally this property closed in 2007 for $533,000. Today it stands designer ready ( waiting for flooring ) at just $306,900. As an REO sale we expect this property to sell quickly, with multiple offers and we are calling this our weeks best buy among Fort Lauderdale Foreclosures.

UPDATE HOME CLOSED FOR $300,000 – A Great Buy